Bitcoin Breaks Below $42K; Next Support at $34K as Intermediate Trend Turns Bearish
The next level of support is seen at around $34,000, which could stabilize the sell-off.
The next level of support is seen at around $34,000, which could stabilize the sell-off.
The world’s largest cryptocurrency by volume has dropped in a month nearly 40% from its all-time high.
The offering from Saxo Markets will be available initially to clients in Singapore and Australia.
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Investors are buying and no longer panicking.
Backwardation refers to a downward sloping futures curve where front-month contracts trade at a higher price than far-maturity contracts.
The drop in market sentiment follows the past week's bitcoin price plunge, according to Arcane Research.
Regulatory actions (and non-actions) have been important to crypto's development. How do the SEC's announcements shift prices?
Inflows are mainly concentrated on the retail-focused Binance, while institutions continue to hold.
A bullish bet on the cryptocurrency was also the most crowded trade in January.
BTC continues to consolidate and is now at the bottom of a three-month range.
Experienced hands look to be buying the dip as a key bitcoin price indicator suggests the pullback may be coming to an end.
DeversiFi’s platform is intended to stop small and mid-size investors from being deterred by high gas fees on Ethereum.
Fully backed by ADA and DOT, the products are listing on the Nordic Growth Market.
The crypto car drove to the dump Monday as most blockchain assets fell.
Investors have been diversifying out of bitcoin and into altcoin investment products, according to CoinShares.
Elon Musk's tweets spur the latest drop.
The “Bolsonaro 2022” futures contract should theoretically track the Brazilian president’s perceived chances of re-election.
One trading firm says it's now "very cautious of a gap toward $35K level."
BTC remains in a consolidation phase after failing to sustain moves above $64,000.
The company's recent move is more about policy than price. Plus: Did this week mark the start of a meaningful shift in the stablecoin market?
Bitcoin rebounds after its initial decline.
The balance of bitcoin held on major exchanges is on the rise in what some analysts say is a bearish sign.
Not all industry participants are amused by dogecoin’s tricks.
The South Korean-based stablecoin platform Terra has seen its market capitalization overtake better-known decentralized rival Maker's.
"Market makers were heavily short puts in the range of $52,000 to $50,000, and I estimate were forced to sell nearly 2,900 bitcoin," one trader said.
Anyone with a stock account can now make a savvy (albeit risky) bet on GBTC pricing disparities, previously exclusive to big players.
BTC 's price recovery could be limited into the weekend.
The move will provide 1inch users access to liquidity sources on Polygon, like SushiSwap and Aave.
Coinbase also announced it would be listing DOGE in six to eight weeks.